Amazon fulfills its $4 billion investment pledge in Anthropic AI startup, acquiring a minority stake and selecting AWS as the main cloud provider for mission-critical workloads, bolstering the development of AI models like Claude 3.
Amazon has fulfilled its $4 billion investment commitment to AI startup Anthropic, announcing a minority ownership stake in the company and Amazon Web Services as its cloud service provider.
In early March, Anthropic released its most powerful version, Claude 3, which can also analyze images.
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Amazon pours an additional $2.75 billion into San Francisco-based AI startup AnthropicAmazon says it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion.
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Amazon ups Anthropic stake by billionsAfter investing $1.25 billion in the San Francisco AI startup last fall, the cloud-computing giant is upping its stake
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Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yetAmazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
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Amazon pours an additional $2.75 billion into AI startup AnthropicAmazon says it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion.
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